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On Comex, gold futures were trading at $1,951.30 per troy ounce on Friday, down by $6.50 or 0.33% while silver futures were trading at $22.545, lower by $0.183 or 0.810%.

“On the face of it, you might see Suzlon in energy transmission, but underlying, there are a whole lot of companies which are supplying beyond them because the whole architecture, transmission, it is going to be different because it is very distributed. It is just about the first year. We have a 10-12-year journey. I do not know where it stops, but I see a very bright future for the economy driven by infrastructure and realty. ”

"In the current scenario – given that venture capital (VC) funding has dried up, companies are hard-pressed for funds to support growth & move towards profitability. There is a strong demand for VDF, particularly in growth/late-stage companies, in the backdrop of a weak equity funding environment to enable lower dilution."

Here is a list of 10 cracker ideas from the world of small and midcaps

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“Do not ever do sector fund. However, on paper, you can see so much profit, but you will never be able to realize it. That is what data says. Second, do not get into funds which do not have three-year data. So, do not buy schemes which are one year old, six months old, NFOs. You have to base your decision on math.”

Buy Oil India, target price Rs 410: Motilal Oswal

Updated at : 2023-11-10 11:35:01

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Oil India Ltd., incorporated in the year 1959, is a Mid Cap company (having a market cap of Rs 32982.18 Crore) operating in Gas & Petroleum sector.

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New Delhi aims to sell 390 billion rupees ($4.68 billion) of bonds. The auction includes 120 billion rupees of a new seven-year paper and 50 billion rupees of five-year green bonds.

Short-term traders can buy the stock for a possible bounce back towards 530 levels in the next 60 days, suggest experts.

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As of 30-Sep-2023, promoters held 74.65 per cent stake in the company, while FIIs held 7.67 per cent and domestic institutional investors had 7.27 per cent.

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